I've had time to go over the announcement again and look at the estimated resource
The consultants 'low-ball' estimate for Calypso is 2.9MT @ 1.62 g/t leading to an estimate of 153,000 Oz of contained gold
The high-ball numbers are 3.9MT @ 2.2 g/t leading to a figure of approx. 282,000 Oz contained gold
I guess the answer lies somewhere in the middle at a bit over 200k Oz
That's nothing to sneeze at.
The target remains open with the consultants giving Calypso a high priority ranking
More work needed to bring this up to JORC
Ann: Exploration Targets at Calypso and Mt Keith Prospects, page-6
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